Revision u/s 263: Employee Land Purchase Recorded as Loans Deemed Erroneous, Prejudicial to Revenue Interests.

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....Revision u/s 263 - Purchase of land in the name of Employees showing the sum as loan to employees - Additions u/s 69/69B - Non conversion of limited scrutiny assessment into complete scrutiny assessment - an order not made in accordance with an order, direction or instruction issued u/s. 119, is deemed to be erroneous and prejudicial to the interests of Revenue - Direction issued in the revision order sustained. - AT....